If you have a mortgage on your
residence
that is coming up for
renewal in the next 4 MONTH we can usually approve you
for
a transfer of that mortgage to a
new
lender for FREE!
At MORTGAGE PLUS we get
you a 4
month pre-approval at
the BEST
DISCOUNTED
RATE available. If
rates fall so
does your pre-approval rate!
We
look after your mortage rate
guarantee,
ensuring the best
possible rate. ALWAYS!!
No more waiting and hoping
that rates will
remain low when
your renewal comes due.
Your
pre-approval rate will be
protected for
UP TO 4 MONTHS.
Ask our Mortgage Specialists
for more
information, we always
look out for YOUR
BEST
INTEREST.
1 877 566 7587
Some
of the advantages of using a mortgage broker rather than working directly
with a bank are:
A mortgage broker can provide financing which is customized to the borrower
needs. A bank has a limited number of loan programs to offer and can offer
the consumer only those programs. In contrast, a mortgage broker, who represents
dozens of lenders and virtually hundreds of loan programs, can custom tailor
a program to the borrower specific needs and not be limited to the constraints of one particular lender.
A mortgage broker acts as advocate and intermediary for the borrower. The
broker will negotiate terms and conditions which are more favorable to a borrower
than those he or she would receive by working directly with a lender.
There is little or no increase in cost. A mortgage broker does most of the
work that a direct lender does, and receives a discounted "wholesale" rate
from the lenders s/he works with.
There are numerous lenders that only accept loans from mortgage brokers. These
lenders frequently price their loans more competitively than
institutional retail lenders.
A mortgage broker is more flexible. On occasion a loan is declined by the
intended first lender of choice, or when that lender imposes conditions that
are judged to be unworkable, a mortgage broker can repackage the file and
easily submit the loan to another lender within a day or two. This is because
the mortgage broker processes a package that is generic to all of the lenders
with whom s/he works. If a borrower goes directly to a lender and subsequently
wants or needs to switch lenders, that borrower would have to start all over
with the new lender and could lose 2 to 3 weeks in processing time.
In summary, using the services of a mortgage broker, as opposed to going directly
to a bank, is clearly the best way to obtain the most favorable real estate
financing.
To get the most current mortgage rates,
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